I Have calculated the Loss from income property after subtracting the 70% of NAV which comes as a negative amount. In this case , Can I claim both the Housing loan interest and also my principal amount for the loan in the 80C . Also if possible Can I get an filled-up Form 12c and annexure to it

Legally ( for the outstanding amount only i.e., 700000/- rupees and property value is 1800000/- ) and claim income tax rebate for himself using Power of attorney? What r the procedures to be followed, any registration is required in sub registrar office ?

I have purchased a property where my share on the property is stated as 40% my wife 40% and my two son 10% each. The sons contribution however is not as stated. Now the property is likely to be given on rent. All four are tax payer.. Will the rent be divided as per the share of the property for the purpose of the tax..